After the payrolls revision shock, EURUSD appears to have stabilized between the 1.1600 and 1.1710 levels. This sideways movement may continue at least until the release of inflation data tomorrow.
The upcoming inflation report is expected to align with forecasts that see Core PCE rising above 3% by the end of this year, with a gradual monthly increase. However, a downside surprise could trigger a rally in stocks, cryptocurrencies, and EURUSD over the next few days.